Time to update everyone’s favorite bellweather;)

6/28 to 7/4

new listings – 10
back on market – 4

Total growth in inventory – 14

pendings – 5
expired – 8
withdrawn – 2
cancelled – 2

Total decrease in inventory – 17

Net change in inventory – minus 3

Random thoughts

Inventory still trending down.

Pendings trending down (could be a Holiday effect)

15 homes closed and I noticed an interesting change. Most homes closed near the asking price or in the middle of the range (when ranges were used). This indicates that sellers might be getting more realistic in setting asking prices.

The attached market inventory was a net minus 15 this week.